GDP

14 articles with this tag

Trump Tariffs Redraw Global Trade as Deficit Hits $70B Economy

Trump Tariffs Redraw Global Trade as Deficit Hits $70B

December 2025 US trade data reveals a 32.6% monthly surge in the trade deficit to $70.3 billion, with imports from China falling sharply while Vietnam...

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How Venezuela's Oil Wealth Turned Into a Crisis Economy

How Venezuela's Oil Wealth Turned Into a Crisis

Venezuela sits atop the world's largest oil reserves, yet suffered one of history's worst peacetime economic collapses. Here is how a petrostate squan...

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Czech Industry on the Cusp of Recovery: PMI Reaches 50 Points Economy

Czech Industry on the Cusp of Recovery: PMI Reaches 50 Points

The Czech manufacturing PMI rose to the 50-point mark in February 2026, signaling stabilization after a long period of contraction. While business con...

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US Mortgage Rates Drop Below 6% for First Time Since 2022 Living & Furniture

US Mortgage Rates Drop Below 6% for First Time Since 2022

The 30-year fixed mortgage rate fell to 5.98% in late February 2026 — its lowest level since September 2022 — reigniting hopes for a more active sprin...

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China's 15th Five-Year Plan: AI, Chips, and Growth Economy

China's 15th Five-Year Plan: AI, Chips, and Growth

China's National People's Congress is formalizing the 15th Five-Year Plan (2026–2030), placing artificial intelligence, semiconductor self-reliance, a...

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Spain: Set to Be Europe's Fastest-Growing Economy in 2026 Economy

Spain: Set to Be Europe's Fastest-Growing Economy in 2026

Spain is projected to lead European growth in 2026 with a GDP increase of 2.3%, according to the IMF. Unemployment is expected to fall below 10% for t...

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Czech Average Wage Exceeds CZK 50,000 Economy

Czech Average Wage Exceeds CZK 50,000

The average gross monthly wage in the Czech Republic surpassed CZK 50,000 in the fourth quarter of 2025. Analysts point to the risks of rising fuel pr...

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Czech Economy 2026: Wages Rise, Industry Stagnates Economy

Czech Economy 2026: Wages Rise, Industry Stagnates

The Czech economy is growing at a rate of around 2.7% per year, and real wages are expected to increase by 2.7% — the second-fastest pace in the entir...

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Poland Overtakes Spain: Tusk Declares 'We Are Among the Elite' Economy

Poland Overtakes Spain: Tusk Declares 'We Are Among the Elite'

Poland has surpassed Spain in terms of per capita income based on purchasing power parity for the first time, a milestone hailed by Prime Minister Don...

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Czech Republic 8th in EU Prosperity Index: Post-Communist Leader, but Innovation Lags Economy

Czech Republic 8th in EU Prosperity Index: Post-Communist Leader, but Innovation Lags

The Czech Republic has secured eighth place in the new EU Prosperity Index, becoming the economic leader among post-communist countries. However, anal...

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IMF: US Debt Heading for 140% of GDP by 2031 Economy

IMF: US Debt Heading for 140% of GDP by 2031

The IMF praises the American economy as 'buoyant' but warns that runaway deficits and ballooning public debt — projected to hit 140% of GDP by 2031 —...

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Spain Raises Minimum Wage to €1,221: Historic High Amid Economic Boom Economy

Spain Raises Minimum Wage to €1,221: Historic High Amid Economic Boom

The Spanish government has approved a 3.1% increase in the minimum wage to €1,221 per month, benefiting 2.5 million workers amidst European economic l...

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